Category: Canada

What Is Canada’S Version Of Social Security?

Both the Canada Pension Plan (CPP) and Social Security are government-sponsored retirement income programs. Do Canada have Social Security number? In Canada, the Social Insurance Number (SIN) is the equivalent to Social Security Number (SSN) in the U.S. Canadian residents use SINs for government programs and as a source of identification in the private sector. […]

Is Fedex Still Shipping From Canada To Us?

FedEx Express ® and FedEx Ground ® international services* provide reliable delivery for your envelopes and packages to destinations across the border. 8 a.m. next business day to many locations in the U.S. 10:30 a.m. next business day to businesses and by midday to residences to many locations in the U.S. Is Canada shipping to […]

How Do You Avoid Us Withholding Tax On Dividends In Canada?

Qualifying to reclaim U.S. withholding tax U.S. stock dividends paid into an RRSP, registered retirement income fund (RRIF) or a similar registered retirement account are generally free from withholding tax for Canadian residents who have completed W-8BEN forms. Do Canadians pay taxes on US dividends? What do you pay? The U.S. withholding tax rate charged […]

When Did Standardized Food Labels Become Mandatory In Canada?

Through the Food and Drugs Act, Health Canada regulates the labelling of food products in Canada. Regulations published on January 1, 2003: Make nutrition labelling mandatory on most food labels. Update requirements for nutrient content claims. When did nutrition labels become mandatory in Canada? December 12, 2007Did you know? Nutrition labelling became mandatory for all […]

Who Started Ei In Canada?

of Mackenzie King. October 1940: Unemployment Insurance (UI) established in Canada by federal government of Mackenzie King with unanimous provincial approval. Workers must have contributed to program 180 days over previous two years, benefits last 6-52 weeks, but only around 40 per cent of the workforce is covered. Who created EI? The term emotional intelligence […]

How Is Exit Tax Calculated In Canada?

Key Departure Considerations: A sale of Canadian real estate is subject to a non-resident tax of 25% of the gross proceeds unless the appropriate tax certificate of compliance is obtained in a timely manner. How do you calculate departure tax in Canada? How is Departure Tax Calculated? Departure tax is calculated by determining the fair […]

Does Everyone Pay Ei In Canada?

Everyone pays the same rate of EI premiums, whether they’re self-employed or an employee. Does everyone have to pay EI? Employment Insurance (EI) premium If you are employed in insurable employment your employer will deduct EI premiums from your pay. There is no age limit for deducting EI premiums. EI provides you with temporary financial […]